A joint resolution proposing amendments to the Constitution of the United States relative to the line item veto, a limitation on the number of terms that a Member of Congress may serve, and requiring a vote of two-thirds of the membership of both Houses of Congress on any legislation raising or imposing new taxes or fees.

This joint resolution proposes three significant changes to the U.S. Constitution aimed at altering how the federal government taxes, spends, and governs. If passed, it would establish term limits for members of Congress, restricting individuals to a maximum of twelve years in each chamber (six terms for the House of Representatives and two terms for the Senate).

Additionally, the bill would grant the President "line-item veto" power, allowing the executive to cancel specific spending items in a bill without vetoing the entire piece of legislation. Finally, it would require a two-thirds "supermajority" vote in both the House and Senate to pass any law that increases taxes or imposes new fees, making it more difficult for Congress to raise federal revenue. For citizens, these changes would fundamentally shift the balance of power between the branches of government and could lead to more frequent turnover in congressional representation.